Federal Reserve Chair Jerome Powell said the central bank would have likely already moved to lower borrowing costs if it weren't for worries that tariffs would drive up inflation.

The U.S. central bank would likely have begun cutting interest rates again if not for the levy plan, the Fed chief said.

Federal Reserve Chair Jerome Powell on Wednesday defended the central bank’s reluctance to cut interest rates amid questions from Senate Republicans and a barrage of insults from President Trump.

The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest ...

The Greek chorus of Fed watchers calling for an immediate interest rate cut this summer is growing. This may include your ...

The Fed, helmed by Chair Jerome Powell, is expected to hold rates steady this month despite pressure from President Donald Trump to make cuts.

The Federal Reserve held rates steady, and Chair Jerome Powell's news conference has wrapped up. You can watch it here: ...

At the Wednesday press conference, Powell underscored the relative strength of the economy, citing solid labor market conditions including the 4.2% unemployment rate, a low inflation rate and ...

The US Fed is expected to keep rates unchanged at 4.25 percent-4.5 percent in its June meeting. Markets await Powell’s press conference and the new ‘dot plot’ for clues on future rate moves ...

Fed Chair Jerome Powell is speaking with reporters after the Federal Reserve's June 18 decision to hold interest rates steady, as expected. Investors and analysts are looking for any indications ...

The Federal Reserve will take up the issue of its communications practices later this year once it finishes its new monetary policy framework. During his post-FOMC press conference, Fed Chair Jerome ...

While Treasuries hit the day’s highs after the release of the Fed statement, they steadily pared gains during Powell’s press conference. Two-year yields were down about two basis points at 3. ...